Advertisement     Coinbase Co-founder and CEO Brian Armstrong has said that “informal pressure” from the banking sector regulator led to the halting of his company’s t...
Tag: Coinbase
Cathie Wood Watch: Ark Piles Into Coinbase and a Videogame Platform
Investment hotshot Cathie Wood, chief executive of Ark Investment Management, on Thursday continued to gobble up beleaguered stocks. That included a cryptocurrency exchange and a videogame-development...
Coinbase, MicroStrategy and Other Crypto Stocks Finally See Some Relief After Recent Losses
“The extent of the damage caused from the depegging of recent stablecoins, and collapse of LUNA is unknown and will likely continue to play out in the weeks to come, but we expect that recent events i...
Coinbase Junk Bonds Are Plummeting Due To Market Turmoil And Creditors Concerns
Coinbase CEO Brian Armstrong, on the other hand, tried to assuage anxieties by saying on Twitter that we have no chance of bankruptcy, but we introduced a new risk element based on an SEC rule called ...
Crypto Exchange Coinbase Announces TerraUSD (UST) and Wrapped Terra (WLUNA) Trading Suspensions After LUNA Crash
Crypto exchange giant Coinbase is announcing plans to suspend trading of TerraUSD (UST) and Wrapped Luna (WLUNA) on all levels of the platform. Coinbase Assets recently made the announcement on Twitte...
Coinbase junk bonds tank amid market rout and creditors’ fears
The price of Coinbase’s junk bonds are tanking amid an underwhelming performance in Q1 and fears over what could happen in the event of a bankruptcy. According to bond trading data from Trace Bonds, b...
Coinbase Stock Jumps Nearly 9%, Whipsawing Amid Crypto Crash
Coinbase stock closed today up by nearly 9%, despite America’s biggest cryptocurrency exchange having a very rough week. The stock closed the trading day at $58.50, up 8.9% in 24 hours. Coinbase, whi...
Coinbase CEO Brian Armstrong Predicts Crypto Economy Will Explode to 15% of Global GDP – Here’s His Timeline
Coinbase founder and CEO Brian Armstrong is optimistic about the future of crypto assets despite the current market downturn. In a recent Coinbase first-quarter earnings call, Armstrong says the crypt...
Coinbase Ventures Backed Startup to Build Pan-African Crypto Exchange With $23 Million Capital Raise – Finance Bitcoin News
The African startup, Mara, recently said it has raised about $23 million in funding from organizations ranging from Coinbase Ventures to individual angel investors like Amit Bhatia and Hamad Alhoimaiz...
Coinbase Assures Safety of Funds Despite Perceived Bankruptcy Fears
Following a social media firestorm about customers’ funds due to impending bankruptcy, Coinbase CEO Brian Armstrong has cleared the air. Coinbase CEO and co-founder Brian Armstrong has moved to assuag...
Coinbase CEO says funds are safe amid bankruptcy protection fears
Following the Coinbase report where the company declared its losses, a disclosure that suggests that users are not protected in the case of bankruptcy has been gaining traction on social media. Howeve...
Cathie Wood’s Ark Invest snaps up $3m in Coinbase shares amid sell-off
Even as 2022’s stock rout deepens, hitting her own fund particularly hard, Ark Investment Management founder and CEO Cathie Wood is moving forward undeterred with her now-controversial stock-picking s...
Coinbase CEO Refutes Rumors of Bankruptcy Amid Loss in Q1 2022
3 hours ago | 2 mins read Exchange News Immediately after the declaration of the loss, there was a flurry of discussion on Twitter. The team is now working on revising their agreements so that retail ...
Coinbase users lose Wormhole LUNA, UST after sending it to the exchange
During the recent death spiral of UST and LUNA, many tried to send their tokens to their Coinbase wallets, and they ended up losing them altogether. The problem emerged from the main Terra bridge’s t...
Cathie Wood Watch: Ark Buys Coinbase After Rout
Cathie Wood, chief executive of Ark Investment Management, traded familiar names Thursday, purchasing a cryptocurrency exchange and selling a digital entertainment company. All the valuations below ar...
MARA-backed by Coinbase to aid Central African Republic in Bitcoin adoption
Coinbase-upheld MARA will prompt bitcoin reception foundation in the Central African Republic The organization has prescribed CAR’s administration to handle the issues of web infiltration and distingu...
Coinbase Custody Adds Support for Nine Altcoins As Crypto Markets Crash
Coinbase is continuing to expand its crypto footprint by extending custodial services support to a variety of altcoins. In a new announcement, the US-based cryptocurrency exchange says it’s adding nin...
Coinbase Hopes To Get Back To India, Despite Central Bank’s Hard Crypto Approach
Coinbase, the prominent crypto exchange that backed off with its business in India, was due to its firm stand against digital assets. The governing body of UPI earlier stated that it was not aware of...
Coinbase CEO Explains New Disclosure Filing, Says Company Has No Risk of Bankruptcy
Leading U.S. cryptocurrency exchange Coinbase recently released its earnings report for the first quarter of 2022, netting a total loss of about $430 million within the period. Coinbase New Disclosur...
Bitcoin Coinbase Premium Dumps to 3 Year Low
The BTC premium on the largest US-based cryptocurrency exchange has plummeted to negative levels last seen nearly three years ago. This comes amid the broader market correction and suggests that whale...
Coinbase Shares Suffer Total Pressure: 23% at Market Opening
It has been quite the 24 hours for crypto and Coinbase in particular. The leading crypto exchange in the United States falls under total pressure: bad disclosure reports, collapsing markets and fresh ...
Coinbase: -86% since entering the stock exchange
Coinbase stock, listed on the Nasdaq 100 technology index, has lost 80% of its value since its listing was announced in April last year. Coinbase entry into the stock market On 14 April 2021, it debu...
Coinbase Positive About India Return But Will the Central Bank Soften its Crypto Stance?
Coinbase CEO Brian Armstrong revealed during the company’s Q1 earnings call that its decision to shutter its business in India was prompted by ‘informal pressure’ from the country’s central bank. Back...
Coinbase Halted Trades In India Because Of RBI’s “Informal Pressure”
The CEO of Coinbase has pointed fingers at the central bank authorities, claiming “informal pressure,” which brought trading to a halt, leading to revenue loss. “Informal Pressure” Howeve...
Coinbase CEO Says, ‘Informal Pressure’ From RBI Disrupted Our Payments
On April 5, the Nasdaq-listed U.S.-based crypto exchange Coinbase, officially allowed Indian users to buy crypto tokens through UPI (Unified Payments Interface), a modern Indian payment infrastructure...
Coinbase CEO Brian Armstrong Details Crypto Bankruptcy Risks if Black Swan Event Rocks Crypto Markets
Coinbase CEO Brian Armstrong is assuring investors the crypto exchange is not facing bankruptcy risks amid concerns over the firm’s latest 10-Q filing. The 10-Q form filed by Coinbase with the Securit...
Crypto Exchange Coinbase Halts Service in India Due to ‘Informal Pressure’ From Central Bank RBI – Coinotizia
The Nasdaq-listed cryptocurrency exchange Coinbase has revealed that it halted operation in India a few days after launch due to “informal pressure” from the country’s central bank, the Reserve Bank o...
Mara Raises $23 Million from Coinbase, Alameda to Drive Crypto across Africa
Pan-African crypto exchange Mara announced on Wednesday that it has raised $23 million in funding to build a trading platform designed for Africans. The Nigeria and Kenya based firm said that the fund...
Coinbase CEO Clarifies Controversial Disclosure About Customers’ Funds
Alex Dovbnya Coinbase reported a massive revenue miss, but the company doesn’t face bankruptcy, according to CEO Brian Armstrong Coinbase CEO Brian Armstrong has clarified that a new disclosure ...
Coinbase: Customers Could Lose Crypto If It Ever Went Bankrupt
Text size Coinbase customers don’t have the same protections as bank or brokerage customers. Dreamstime As if crypto investors don’t already have enough to worry about, Coinbase Global (ticker: ...